Bill Gates has returned to lead an $85m round for satellite internet provider Kymeta, which has now raised more than $280m since it was set up to advance Duke University research.

Kymeta, a US-based satellite broadband provider exploiting foundational research from Duke University, secured $85m in a funding round led by entrepreneur Bill Gates yesterday. The round also featured approximately $1m from members of Kymeta’s leadership team, including executive chairman Doug Hutcheson. Founded in 2011, Kymeta has created an electronically steered flat-panel satellite antenna that facilitates…

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